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True or False: If a U.S. company sells product in Switzerland, an appreciation of the U.S. dollar relative to the Swiss franc would result in
True or False:
If a U.S. company sells product in Switzerland, an appreciation of the U.S. dollar relative to the Swiss franc would result in a decrease in the amount of U.S. dollars received when repatriating revenue earned in Swiss francs back to the U.S. headquarters.
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